If you're making it big as a actor or a musician in Hollywood, you can't just walk into H&R Block to have your taxes done. You really need to look at special accounting firms for entertainment companies or media CPAs.
They know all the special challenges of an industry in which privacy is hard-fought and hard-won. Media industry CPAs also understand the unique accounting needs of self-employed individuals or corporations. When looking into entertainment industry accounting, you may want to ask some questions of your prospects.
1. Many a star has made a fortune and lost one too. Ask any CPA for media companies what kind of services they offer. Can they manage your taxes, but also help you get a better handle on your overall finances and help you save for your future?
2. Ask for references from entertainment industry certified public accountants.
3. Find out how media industry CPAs will protect your privacy.
Find entertainment industry CPAs who can handle star powerWhether you're a media boss or on the other side of the camera, it's in your best interest to find a CPA that fully understands the entertainment industry. You can locate accounting firms for entertainment companies with the experience you're looking for, and a star-studded client list for extra assurance.
Find media CPAs who can tailor services to meet your needsIf you work as an on-air news anchor or a radio personality, you may not be aware that there are media industry certified public accountants who can handle all your tax, accounting and investment concerns.
Find CPAs in New York who specialize in entertainment accountingHollywood isn't the only place where a person might require accounting services for entertainment companies or individual entertainers. New York is another hot area for the stars, and there are several CPAs who concentrate on entertainment accounting.
- Don't go it alone. Get recommendations on accounting services for entertainment companies from others in the business.